ChainCatcher reported that, according to data from Coinglass, the current 8-hour average funding rate for ETH across the network is 0.0001%. Funding rates are commonly used in perpetual futures markets to reflect the fee exchange between long and short positions over a given settlement period. In this case, the reported metric is the 8-hour average funding rate, and the figure is close to zero.
Among the listed major exchanges, Binance’s ETH funding rate is -0.0007%, while OKX reports a rate of -0.0005%. Bybit also shows an ETH funding rate of -0.0005%. Gate, by contrast, reports a positive ETH funding rate of 0.0007%. Based on the disclosed figures, Binance, OKX and Bybit are in negative territory, while Gate is in positive territory during the same reporting window.
The Coinglass funding-rate data provides a snapshot of the fee structure in the ETH perpetual contracts market. This update separately lists the network-wide 8-hour average as well as exchange-level figures for Binance, OKX, Bybit and Gate, offering a direct comparison of ETH contract funding rates across these trading venues at the reported time.